Looking back on October 2021

Updates

Key points

  • The fund was up 8.75% in October
  • Month-to-month volatility remains the key feature at the moment
  • Although, to be fair, few people complain about upwards volatility

Our monthly update for October 2021 is now available. The earnings announcements for the July-to-September quarter indicate that corporate profits have stayed robust despite the fears of inflation, although supply chain issues are still a drag on many companies. The reverse side of that supply chain issue though is that there seems to be strong consumer demand, which is an opportunity in the coming months.

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